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Taxpayers will likely take advantage of a conversion from their Traditional IRA into a Roth IRA when they have: 1 an expectation of lower tax
Taxpayers will likely take advantage of a conversion from their Traditional IRA into a Roth IRA when they have:
1 | an expectation of lower tax rates in retirement | |
2 | a desire to reduce their current year's taxable income | |
3 | an expectation of higher tax rates in retirement | |
4 | Both 2 and 3 |
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